Island Building Costs
Question:
Sorry if this is in the wrong group. I’ve been looking into some different costs associated with purchasing a small island. Does anyone have any info on the actual costs of building a protected harbor and freshwater storage? I can’t seem to find anything even remotely close on the Internet. Thanks, Gene Nix
Response:
Million Dollars. Actually that is close. St. Francis Resort and Marine which is being built on Stocking Island off of Exuma will run close to that. Property was $400,000 plus stamp duty, real estate and legal fees, another $100,000, plus permits structures, dredging, and construction.
– Hide quoted text — Show quoted text -> Sorry if this is in the wrong group. I’ve been looking into some > different costs associated with purchasing a small island. Does > anyone have any info on the actual costs of building a protected > harbor and freshwater storage? I can’t seem to find anything even > remotely close on the Internet. > Thanks, > Gene Nix
Response:
Any one knows if the Bahamas would allow a private island owner to float materials over on a barge for building? Or whom you could contact about renewable energy sources? Ex. Solar Roof Tiles, Wind Turbines, etc… Or anyone with particular knowledge with raising capital for resort type ventures? Thanks, Gene Nix – Hide quoted text — Show quoted text – > Million Dollars. Actually that is close. St. Francis Resort and Marine which > is being built on Stocking Island off of Exuma will run close to that. > Property was $400,000 plus stamp duty, real estate and legal fees, another > $100,000, plus permits structures, dredging, and construction. > Sorry if this is in the wrong group. I’ve been looking into some > different costs associated with purchasing a small island. Does > anyone have any info on the actual costs of building a protected > harbor and freshwater storage? I can’t seem to find anything even > remotely close on the Internet. > Thanks, > Gene Nix
Response:
Gene, What you are asking is a long process. I have worked for a Solar Company, Lawyers and as an Asst. to a Financial Advisor / Trustee of an Offshore Bank. Perhaps you should contact me via email, instead of on the Newsgroup. Dave
> Any one knows if the Bahamas would allow a private island owner to > float materials over on a barge for building? Or whom you could > contact about renewable energy sources? Ex. Solar Roof Tiles, Wind > Turbines, etc… Or anyone with particular knowledge with raising > capital for resort type ventures? > Thanks, > Gene Nix
– Hide quoted text — Show quoted text -> Million Dollars. Actually that is close. St. Francis Resort and Marine which > is being built on Stocking Island off of Exuma will run close to that. > Property was $400,000 plus stamp duty, real estate and legal fees, another > $100,000, plus permits structures, dredging, and construction. > > Sorry if this is in the wrong group. I’ve been looking into some > > different costs associated with purchasing a small island. Does > > anyone have any info on the actual costs of building a protected > > harbor and freshwater storage? I can’t seem to find anything even > > remotely close on the Internet. > > Thanks, > > Gene Nix
Response:
> Sorry if this is in the wrong group. I’ve been looking into some > different costs associated with purchasing a small island. Does > anyone have any info on the actual costs of building a protected > harbor and freshwater storage? I can’t seem to find anything even > remotely close on the Internet. > Thanks, > Gene Nix
Lots more information is required to answer that one, but it basically boils down to what locals are willing to charge for what you want done. If you make friends with them, they could charge "local" rates: higher than they’d charge their neighbors, but still friendly. Otherwise, they’ll ask/demand quite a bit more. Annoy them and you may not be able to get anyone for any money. Cistern storage is fairly usual on remote islands, so shouldn’t be that expensive. The locals aren’t on the net because they’re at most working on the next island over. The harbor’s the big item, I think. EPA (or whatever they call themselves locally) is likely to be an impediment. Most or all of the natural protected harbors have already been exploited; blasting a hole in the reef is frowned upon these days. The harbor implies a bit more than a single family unit. Creating a resort can be a political hot potato that could be your major problem. In the islands I consider responsible, you’ll have to enlist the aid of locals to get the project off the ground. In other words, I think your answers are likely only to be answered by your feet on the ground, and you talking to the locals, official and not. Making friends is a good thing as you’ll not know who the opinion leaders are at first. That 77 year old rummy at the end of the bar may be just the person you need to win over. — Jere Lull Xan-a-Deux (‘73 Tanzer 28 #4 out of Tolchester, MD) Xan’s Pages: http://members.dca.net/jerelull/X-Main.html Our BVI FAQs (290+ pics) http://homepage.mac.com/jerelull/BVI/
Response:
The EPA here locally is called the BEST Commission
– Hide quoted text — Show quoted text -> Sorry if this is in the wrong group. I’ve been looking into some > different costs associated with purchasing a small island. Does > anyone have any info on the actual costs of building a protected > harbor and freshwater storage? I can’t seem to find anything even > remotely close on the Internet. > Thanks, > Gene Nix > Lots more information is required to answer that one, but it basically > boils down to what locals are willing to charge for what you want done. > If you make friends with them, they could charge "local" rates: higher > than they’d charge their neighbors, but still friendly. Otherwise, > they’ll ask/demand quite a bit more. Annoy them and you may not be able > to get anyone for any money. > Cistern storage is fairly usual on remote islands, so shouldn’t be that > expensive. The locals aren’t on the net because they’re at most working > on the next island over. > The harbor’s the big item, I think. EPA (or whatever they call > themselves locally) is likely to be an impediment. Most or all of the > natural protected harbors have already been exploited; blasting a hole > in the reef is frowned upon these days. > The harbor implies a bit more than a single family unit. Creating a > resort can be a political hot potato that could be your major problem. > In the islands I consider responsible, you’ll have to enlist the aid of > locals to get the project off the ground. > In other words, I think your answers are likely only to be answered by > your feet on the ground, and you talking to the locals, official and > not. Making friends is a good thing as you’ll not know who the opinion > leaders are at first. That 77 year old rummy at the end of the bar may > be just the person you need to win over. > — > Jere Lull > Xan-a-Deux (‘73 Tanzer 28 #4 out of Tolchester, MD) > Xan’s Pages: http://members.dca.net/jerelull/X-Main.html > Our BVI FAQs (290+ pics) http://homepage.mac.com/jerelull/BVI/
Response:
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